The School of Economics, Business Administration and Legal Studies of the International Hellenic University (IHU) would like to invite you to the next presentation in the Research Seminar Series. Omer Majeed, Senior Economist at the Department of Industry, Innovation and Science, Australian Federal Government will present the paper with title “Determinants of employment growth in Australia”.

The purpose of the Research Seminar Series is to bring together the academic and business community by presenting contemporary research topics in Finance, Business, Marketing, Accounting and Economics, among others. Through these seminars, as an international centre of knowledge, innovation and research, at the crossroads of Southern Europe, the IHU attempts to further strengthen its strategic role in academic excellence. Drawing on the experience of outstanding Greek and international academics, working papers are presented on a regular basis, with the aim of establishing a meeting point for active researchers.

Speaker information:Omer Majeed is a senior economist at the Department of Industry, Innovation and Science. Currently, he is working on the Australian Innovation System report, analysis of high growth firms and the impact of tax on employment and wages. Mr. Majeed has also worked as a senior economist for the Department of Treasury and Finance in the Northern Territory, primarily working on macroeconomic issues.

Mr. Majeed has completed his PhD at the Crawford School of Public Policy at the Australian National University (to be granted in Dec 2017), where he has studied issues relating to inequality, economic growth and trade. He has also tutored courses including Economic Development, Advanced Topics in Poverty, Public Policy and Development, International Economics, Microeconomics, Macroeconomics, Public Economics, Managerial Economics and Money and Banking. He has tutored both at the postgraduate and undergraduate levels and refereed papers for economic journals.

Presentation at a glance:A key issue today is the effect of innovation on employment. This is the first paper to study the drivers of employment growth in Australia, paying particular attention to the role of innovation. The paper investigates the determinants for both average firms and high-growth firms.

Using the newly constructed Business Longitudinal Analysis Data Environment (BLADE) the paper finds several novel insights. First, the paper finds that innovation on average has a positive impact on employment growth. However, it is only product and process innovations that positively impact employment growth, while organizational/managerial and marketing innovations do not impact employment growth. Second, the paper studies how important turnover growth and capital investment are for employment growth. Both of these variables are found to have a positive and significant impact on employment growth. Third, the paper studies the impact of various business strategies on employment. Not surprisingly, firms that have costs as focus of their business strategy are likely to cut employment. While other forms of business strategies do not seem to impact employment.

IHU Information: IHU is Greece’s first public university where programmes are taught exclusively in English. It currently offers postgraduate programmes in various disciplines in three Schools: Economics, Business Administration and Legal Studies, Humanities and Science & Technology.

Information: Dr Stergios Leventis and Dr Fragiskos Archontakis

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